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One Man Army

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One Man Army

Re: Wick post# 10551

Wednesday, 02/04/2009 6:16:50 PM

Wednesday, February 04, 2009 6:16:50 PM

Post# of 10693
If you have a put option at $5 and the stock is at .60, then you could buy the shares at .60 and sell them at $5. Same with being short, if you shorted at $5 and its at .60, then you can cover at .60 or possibly not have to cover at all (im not 100% on this but if a Q gets put on the end you may not have to cover)........

I hope this answers your question


He who fears being conquered is sure of defeat - Napoleon

Take time to deliberate, but when the time for action has arrived, stop thinking and go in - Napoleon

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